How the general is still there is the amazing thing....Never heard such BS come out of one man's mouth...
Dichter was the equivalant of a car salesman with a little more pizzaz. Hardly in the same league as the others. Marquis was nothing more than taking a product and reselling it by using the FAA regs on fractional sizes etc... He just happened to be the first to apply it to airplanes..... But he did do a good job doing it.
The telling sign may be the BHK quarterly report. If it's really bad then someone was jumping ship. If it's average or breakeven, he may have disliked his job.
Think about his past 10 or so years...He was a rockstar with Marquis. The head of the company. Made his own brand etc...Now he is in a position that doesn't give him much recognition, besides a few CNBC interviews, he really doesn't have much of a presence at NJA. And the most frequently asked questions are about Santulli and Sokol. (as far as I've been able to tell). Now he is just another upper level manager at a company struggling to return to it's former self. On the other side he has a Tequila brand that has had appearances on shows like Entourage, is supposedly doing pretty well in the market, and may give him back his rockstar image. Along with some other ventures he may be dabbling in....
If he has the money, why not get out from undrneath the Netjets stink... It couldn't have been a whole lot of fun for him these last 2 years or so...
My opinion...while nothing great will come out of him leaving.. He wasn't exactly the glue that held this place together the last 2 years....No real change will occur. What NJA needs is either a change of planning by leadership, or a change of leadership.. Either one will do fine. NJA simply needs to sell more shares....
The flying hours are coming back, business is essentially steady as far as owners flying, we just need more of them. And we need those new Phenoms and Globals earlier than originally planned... One slight bright spot is that NJA is taking deposits for the Phenoms ($25,000 non-refundable). So that is atleast a good sign of getting ready for thay operation... Hopefully the Globals will be available for purchase soon also.
Netjets, by being the largest, also needs the largest amount of recovery. The other fractionals need a smaller amount (not percentage) of business to show improvement. NJA will get back to former levels, as will the other fractionals. It will just take them longer to do it based on the sheer volume of business lost in the recession.
